Category: Uncategorized

Romania’s authorised slot-machine sector has contracted sharply following new regulations that transferred greater powers over gambling authorisation to local authorities, with only 2,337 slot-machine stations authorised between February and May 2026, compared with 18,981 in the same period of 2025, according to data cited by Profit.ro. This seems, however, to be the indirect effect of…

The Constanţa County Council has entered the implementation stage of one of the most important investment projects in the field of tourism and education in the region, after signing the financing contract for the new Aquarium of the Constanţa Natural Sciences Museum Complex, according to Ziarul Financiar. The project has a total value of RON…

The Danube level close to Romania’s Cernavodă nuclear plant increased by some 8 cm compared to the projected level after two barges were sunk to change the water flow, the manager of the nuclear plant, Romeo Urjan, announced, cited by Digi24 on Sunday, August 9. The updated forecast indicated at that moment that the plant…

International rating agency Moody’s on August 7 affirmed Romania’s fragile Baa3 sovereign rating, along with its negative outlook, linked to high implementation risks related to the country’s ambitious multi-year fiscal consolidation programme. Compared to a year ago, the fiscal deficit narrowed faster than expected, but there is less clarity on further steps towards a sustainable deficit, the…

The University of Bucharest (UB) reinstalled the eagle and two griffins on the pediment of the UB Palace, located in downtown Bucharest, on Saturday, August 8.  This is the first step in the full restoration of the original pediment of the palace, a project that will continue over the next two years, culminating in the…

Diver Cătălin Preda won the gold medal in the 20m platform high-diving event at the European Aquatics Championships in Paris on Saturday, August 8. Preda won the gold medal with a total of 411.60 points after four dives. Italy’s Andrea Barnaba finished second, while France’s Gary Hunt took third place. Constantin Popovici, another Romanian diver who…

This August, turn your stay into a journey of complete relaxation at Corinthia Grand Hotel du Boulevard Bucharest, one of Romania’s most prestigious luxury hotels. Located in the heart of Bucharest at 21 Regina Elisabeta Boulevard, the hotel revives the elegance of the historic Grand Hôtel du Boulevard, beautifully restored while preserving its Belle Époque…

European governments allocated an estimated EUR 130.2 billion, or 0.69% of their combined GDP, to research and development in 2025, according to a Eurostat analysis published on Friday, August 7.  The sum represents an increase of 2.4% compared to 2024 (EUR 127.14 billion) and an increase of 60.5% compared to 2015 (EUR 81.13 billion).  In…

The VARD shipyard in Tulcea, eastern Romania, has completed the construction of the hull of “Discovery,” the largest vessel intended for the installation of submarine cables and the first such project delivered by the VARD group for the Japanese market.  The ship, valued at over USD 200 million, will have an important role in the…

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Dante International of Romania by South African investment fund Naspers Limited. “The Commission concluded that the notified operation does not raise competition concerns, as the companies are not active on the same markets or on markets that are in…